Since the reform and opening up，Hong Kong, Macau and the Pearl River Delta region based on complementary advantages & ldquo;，Make goods between the three places、Capital、Personnel and information flow and production factors are optimized in the region，It has also opened the process of integration and integration of regional economy in the regional economy of Hong Kong, Macao and the Pearl River Delta。

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The particularity of the regional economic integration and industrial cooperation in Hong Kong, Macao and Pearl River Delta has aroused the attention of academic circles。Studies on the economic and trade relations of Guangdong -Hong Kong -Macao economic and trade relations at home and abroad can be divided into three stages。

The first stage，From the reform and opening up of the Mainland to the return of Hong Kong and China to join the Bet365 app download World Trade Organization，Mainly studying the formation of Guangdong, Hong Kong and Macao & ldquo; front shop and back plant & rdquo; cooperation mode、The impact of industrial division of labor and its impact on the economic development of the three places，How to use Hong Kong and Macao to attract foreign investment to accelerate the economic development of Guangdong, especially the Pearl River Delta。

The second stage，Research on Guangdong, Hong Kong, Macao economic and trade relations and cooperation after joining the World Trade Organization。Discussion of the return of Hong Kong and Macau and China to join the World Trade Organization for Deepening the Possibility and necessity of deepening Hong Kong, Macao, and Guangdong, Hong Kong and Macao economic and trade cooperation and new cooperation models。

Third stage，The signing of "Arrangement on Establishing Closer Economic and Trade Relations" and a new stage of cooperation in Guangdong, Hong Kong and Macao cooperation。Under the institutional framework of "Settlement on Establishing Closer Economic and Trade Relations"，Comprehensive research on the development status and trend of the economic and trade relations of the Hong Kong, Macao, Pearl, and Pearl River Delta from both theoretical Bet365 lotto review and empirical aspects，Focus on the cooperation of the service industry and the opening of the Pearl River Delta service industry to Hong Kong and Macao，and the transformation and upgrading of the Hong Kong, Macao and Pearl River Delta manufacturing enterprises。Regional cooperation from a simple economic level to an ecological environment、Social Management and other all -round directions development。

Guangdong -Hong Kong -Macao regional economic integration development characteristics

Guangdong -Hong Kong -Macao regional economic integration is different from economic integration between sovereign countries represented by the EU model，It is also different from the regional economic integration between different provinces and cities in a country，The development of its economic and trade relations and regional cooperation has the following characteristics。

First，The market opening level of the Mainland determines the degree of economic integration of Hong Kong and Macao and the Mainland。Since both Hong Kong and Macau are free ports，The development of economic and trade relations between Hong Kong and Macau and the Mainland mainly depends on the market opening of the Mainland。After the founding of the People's Republic of China，The development of economic and trade relations between Hong Kong and Macao and bet365 Play online games the Mainland can be divided into three stages according to the opening of the mainland market to the outside world: the first stage，In the early 1950s, to reform and opening up，The mainland market is basically closed，Hong Kong's re -exporting port is increasingly declining，Hong Kong and Macau is the only channel in the Mainland and the international market，Affordable with limited cargo trade。The second stage，Reform and opening up to China to join the Bet365 app download World Trade Organization，Local opening in the mainland market。Hong Kong and Macau re -become a link between the Mainland and the international market，Become the main channel for exports of the Mainland and attract foreign capital。third stage，China joins the World Trade Organization，The mainland market is open all aspect，Economic and trade relations between Hong Kong and Macao and the Mainland entered a new stage of trade and investment liberalization，Economic integration continues to deepen。This can be seen，The degree of opening up in the Mainland market is an active factor affecting the economic and trade relations of Hong Kong and Macao and the Mainland。

Second，The mainland market is open in all aspects of Hong Kong and Macau is a double -edged sword。Development of History，Closure of the mainland market is not conducive to the role of Hong Kong Bet365 app download and Macao intermediaries。but，If there is no special institutional arrangement，Comprehensive opening up in the mainland market will also weaken Hong Kong and Macao's intermediary status in the Mainland's foreign economic and trade relations。Local opening in the Mainland market is most conducive to Hong Kong and Macau，In this state，Hong Kong and Macao became the main bridge that the mainland entered the international market and international markets into the Mainland。If Hong Kong and Macao do not use the Opportunities for the Establishment of Closer Economic and Trade Relations，Promote economic integration with the Mainland，It may be marginalized in the high -speed development of the Mainland。

third，Economic integration of Guangdong, Hong Kong and Macao is subject to three asymmetricity in the economic region and system.，The asymmetry of the economic regional boundary、The asymmetry of economic jurisdiction and the asymmetry of the economic system，Under this condition，How to make a reasonable academic interpretation of the economic integration of the Guangdong -Hong Kong -Macao region at the institutional arrangement level，Practice in practice proposes to operable to promote economic integration policy propositions，It is the difficulty of bet365 live casino games advancing Guangdong -Hong Kong -Macao cooperation and economic integration。

fourth，Guangdong -Hong Kong -Macao regional economic integration is to be on economic regional boundary、Under the condition of the asymmetry of economic jurisdiction and the asymmetry of the system，Under the framework of one country, two systems & rdquo;，Establishing a new model and its institutional arrangement for regional economic integration that is conducive to the advantages of the three places and economic development。

(Author Unit: Research Center of Sun Yat -sen University, Hong Kong, Macao, Pearl River Delta)